Traditional Culture Encyclopedia - Traditional virtues - What are the causes of financial risk
What are the causes of financial risk
Financial risk refers to risks related to finance, such as financial market risk, financial product risk, and financial institution risk. The consequences of risks incurred by a financial institution often outweigh the impact on itself. Financial institutions in specific financial transaction activities in the risk, may be a threat to the survival of the financial institution; specific a financial institution due to mismanagement of the crisis, may be a threat to the sound operation of the entire financial system; once the systematic risk, the financial system malfunctioning, will inevitably lead to the whole society's economic order of the disruption, and even triggered a serious political crisis.
Answer time: 2021-08-10, the latest business changes please refer to the Ping An Bank official website announcement.
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